Analysis

FTSE held our upper target of 7400/10 this week

Ftse JUNE contract

FTSE held our upper target of 7400/10 this week. Holding below 7355 tests minor support at 7335/30. If we continue lower look for 7305/00. A break below 7495 targets strong support at 7285/80.

Holding above 7360 allows a retest of resistance at 7400/10. A break above 7410 targets 7420/22 then 7445/50.

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